Replies to post #16993 on VNUE Inc (VNUE)

[werd]

Super dissaopinting...may see .01 sooner then later...They actually have to be in otcqb to have the rules relevant to them

[StockWatch45]

The $0.01 penny rule simply requires that --- after APPLYING for uplist,
the stock must trade for at least $0.01 on ONLY ONE DAY out of 30 trading days (ie It can be under a penny for 29 days straight, but if it is at a penny or more on the 30th day, then you stay on QB and only need another 1 penny day in the next 30 days.

So, if the application has already been submitted, this can go below a penny for the next 29 days and it makes no difference to the QB status. (If no application though, it needs to be at least a penny for 30 days before submitting the application.)